1. What is Pre-Market Trading? Pre-market trading is an OTC (Over-The-Counter) service provided by MEXC that allows traders to buy and sell new tokens before they are officially listed on the1. What is Pre-Market Trading? Pre-market trading is an OTC (Over-The-Counter) service provided by MEXC that allows traders to buy and sell new tokens before they are officially listed on the
Learn/Trading Guide/Spot/What is Pre...et Trading?

What is Pre-Market Trading?

Jul 16, 2025MEXC
0m
Polytrade
TRADE$0.03616-0.76%
4
4$0.010649+1.83%

1. What is Pre-Market Trading?


Pre-market trading is an OTC (Over-The-Counter) service provided by MEXC that allows traders to buy and sell new tokens before they are officially listed on the cryptocurrency exchange. This approach enables buyers and sellers to set and match prices independently, giving you the flexibility to trade at your preferred price. With MEXC’s pre-market trading, you can gain a competitive edge before tokens enter the public market. Stay informed about the trading process and requirements to maximize your chances of successful trading.

2. Advantages of Pre-Market Trading


MEXC pre-market trading provides investors with a way to capitalize on the market and get a head start before the official listing of new tokens. Investors have the opportunity to gain a potential market advantage by acquiring popular tokens in the market on more favorable terms compared to trading after the opening of new tokens.

3. How Conduct Pre-Market Trading on MEXC


On the MEXC official website, click on [Spot] and select [Pre-Market Trading] to access the pre-market trading page. Here, you can view the available tokens and click [Trade] to go to the pre-market trading page for the corresponding token.


3.1 As a Buyer


Click [Create Order] and enter the price and quantity for the token you wish to purchase. After reviewing the details, select the checkbox to accept the relevant trading agreement, then click [Buy] to place your order.


Alternatively, you can search the order book for existing sell orders that meet your requirements and click [Buy] to purchase the tokens at the seller's specified price.


Once your order is completed, you only need to wait for the settlement.

3.2 As a Seller


Click [Create Order] and enter the price and quantity for the token you wish to sell. After reviewing the details, select the checkbox to accept the relevant user agreement, then click [Sell] to place your order.


Alternatively, you can search the order book for existing buy orders that meet your requirements and click [Sell] to sell the tokens at the buyer's quoted price.


Once your order is completed, you only need to wait for the settlement.

3.3 How to Settle a Trade


If you are a buyer, after your order has been filled, simply wait for the settlement time. If the seller does not default, you will receive the tokens in the quantity corresponding to your order. If the seller defaults, you will receive compensation from the seller.

If you are a seller, please make sure that you have sufficient tokens in your spot account to fulfill your delivery obligations before the settlement time. Please be patient and wait for the settlement time. Your tokens will be safely transferred to the buyer's account and the settlement process will be completed successfully.

MEXC pre-market trading is currently available on both the website and the app, with the same operation process on both platforms.

On the MEXC App homepage, tap [More] - [Common Function] - [Pre-Market Trading] to access the pre-market trading page. Here, you can view the available tokens and tap [Trade] to go to the pre-market trading page for the corresponding token to start trading.


4. Risks of Pre-Market Trading


For buyers, if the seller fails to deliver the tokens in full or on time, the buyer will receive compensation, but will not receive the corresponding tokens. For sellers, failing to deliver the tokens in full and on time will result in the loss of the order's collateral.

Additionally, pre-market trading offers early access to tokens, which means significant price fluctuations may occur before the tokens are officially listed. Therefore, users should carefully and thoroughly assess the token's trading conditions before deciding whether to invest or trade.

5. Pre-Market Trading Fees


In pre-market trading, whether you are the buyer or the seller, a trading fee applies. You can view the current trading fee rates on the pre-market trading page of the token you wish to trade. For example, the fee rate for the MEMEFI token is shown in the image below.


Currently, the MEXC platform is offering a limited-time promotion with zero trading fees, helping users save on trading costs and earn more profits. It is important to note that the trading fee still applies even in the case of a settlement failure. MEXC will only refund the trading fee if the order is not filled or the project’s listing is canceled.

If you would like to learn more about pre-market trading, you can refer to the "Pre-Market Trading FAQ."

Disclaimer: This information does not provide advice on investment, taxation, legal, financial, accounting, consultation, or any other related services, nor does it constitute advice to purchase, sell, or hold any assets. MEXC Learn provides information for reference purposes only and does not constitute investment advice. Please ensure you fully understand the risks involved and exercise caution when investing. The platform is not responsible for users' investment decisions.


Market Opportunity
Polytrade Logo
Polytrade Price(TRADE)
$0.03616
$0.03616$0.03616
-0.71%
USD
Polytrade (TRADE) Live Price Chart

Popular Articles

View More
How to Trade Futures on MEXC App: Complete Beginner's Guide

How to Trade Futures on MEXC App: Complete Beginner's Guide

MEXC Futures trading offers MEXCers an advanced way to trade cryptocurrencies. Unlike Spot trading, Futures trading has its own unique logic and order-opening mechanisms. This article is designed to

Why Does QQQON Track QQQ? Tokenized ETF Premiums, Discounts and Price Differences Explained

Why Does QQQON Track QQQ? Tokenized ETF Premiums, Discounts and Price Differences Explained

Summary QQQON is designed to provide economic exposure linked to Invesco QQQ, while QQQ itself tracks the Nasdaq-100 Index. This creates a two-stage tracking structure: Nasdaq-100 Index ↓ QQQ ETF ↓

What Is QQQON? Ondo Tokenized Invesco QQQ ETF Explained

What Is QQQON? Ondo Tokenized Invesco QQQ ETF Explained

Summary QQQON, styled by Ondo as QQQon, is a tokenized product designed to provide economic exposure linked to the Invesco QQQ ETF (NASDAQ: QQQ). The product structure has three important layers:

What Is Invesco QQQ ETF? Nasdaq-100 Holdings, Strategy, Fees and Risks

What Is Invesco QQQ ETF? Nasdaq-100 Holdings, Strategy, Fees and Risks

Summary Invesco QQQ ETF (NASDAQ: QQQ) is an exchange-traded fund designed to track the Nasdaq-100 Index, which represents 100 of the largest non-financial companies listed on the Nasdaq Stock Market.

Hot Crypto Updates

View More
AI Data Center Stocks Rally: Why CRWV, NBIS, IREN and APLD Are Surging Together

AI Data Center Stocks Rally: Why CRWV, NBIS, IREN and APLD Are Surging Together

Overview AI infrastructure stocks are rallying together as investors broaden the artificial intelligence trade beyond GPUs and semiconductor suppliers into the physical infrastructure required to

Lumentum Earnings Confirm AI Optical Demand: 1.6T, NPO and High-Power Lasers Explained

Lumentum Earnings Confirm AI Optical Demand: 1.6T, NPO and High-Power Lasers Explained

Key Takeaways Lumentum Q4 FY2026 revenue rose 109% YoY to $1.01B, while non-GAAP operating margin reached 36.6%. Q1 FY2027 revenue guidance of $1.225B–$1.275B suggests AI optical demand is still

What Unitree’s IPO Means for China’s Humanoid Robot Industry

What Unitree’s IPO Means for China’s Humanoid Robot Industry

What Unitree’s IPO Means for China’s Humanoid Robot Industry Unitree Robotics is moving from one of China’s best-known private robotics companies into a public-market benchmark for the country’s

Westinghouse Files for IPO: Is Nuclear the Next AI Bottleneck Trade?

Westinghouse Files for IPO: Is Nuclear the Next AI Bottleneck Trade?

Overview When the binding constraint on compute shifts from chips to electricity, the assets that supply the electricity get repriced. On July 31, Westinghouse Electric Company confirmed it had

Trending News

View More
Arthur Hayes ETH Target Revives Ethereum RWA Settlement Trade

Arthur Hayes ETH Target Revives Ethereum RWA Settlement Trade

Arthur Hayes’ reported ETH target puts Ethereum’s RWA settlement role back in focus as traders debate whether ETH can return toward $5,000.

Uniswap Pools.trade Launches on Robinhood Chain

Uniswap Pools.trade Launches on Robinhood Chain

Uniswap Labs introduced Uniswap Pools.trade on August 5, 2026, expanding its presence on Robinhood Chain from decentralized trading infrastructure into token creation, distribution, and liquidity form

Wintermute broker-dealer enters U.S. markets

Wintermute broker-dealer enters U.S. markets

Wintermute USA has registered as a broker-dealer with the U.S. Securities and Exchange Commission and become a member of the Financial Industry Regulatory Authority, creating a regulated foundation fo

TUT Coin Surges as Community Hype Fuels a High-Risk Meme Trade

TUT Coin Surges as Community Hype Fuels a High-Risk Meme Trade

TUT coin jumped more than 350% in seven days before a sharp pullback. Here is what may be driving the rally and what traders should watch.

Related Articles

View More
Spot Market Trading Rules

Spot Market Trading Rules

In cryptocurrency spot trading, beyond price analysis and strategy selection, understanding and following the trading platform's market rules is equally crucial. For MEXC users, each trading pair not

What is a Limit Order?

What is a Limit Order?

In the cryptocurrency market, limit orders serve as a critical trading mechanism, enabling investors to exercise precise control over the execution price of their trades.1. What Is Limit Order?1.1 Def

What are Take-Profit/Stop-Loss Orders? Your Automated Tool for Risk Management and Profit Locking

What are Take-Profit/Stop-Loss Orders? Your Automated Tool for Risk Management and Profit Locking

1. What Is a Take-Profit/Stop-Loss Order? A Take-Profit/Stop-Loss order lets users set a trigger price in advance, along with the price and quantity to buy or sell once the trigger is reached. When th

What Is MEXC Hold and Earn?

What Is MEXC Hold and Earn?

1. What Is MEXC Hold and Earn?MEXC Hold and Earn allows users to generate returns on designated tokens held in their Spot account. The product offers full flexibility: users can trade, withdraw, or us

Sign Up on MEXC
Sign Up & Receive Up to 10,000 USDT Bonus
Is Your Stablecoin Truly Safe?
Is Your Stablecoin Truly Safe?Is Your Stablecoin Truly Safe?
Know the risks of USDT, USDC, OpenUSD & USD1